Non-adherence to accounting protocols, misrepresented financial statements, misallocated funds and unauthorised claims worth millions were some of the key shortcomings flagged by Auditor General ...

That's where accrual accounting comes in—it's a way to ... It's the preferred method of the International Financial Reporting Standards (IFRS) and generally accepted accounting principles ...

A practicing Chartered Accountant shall not accept, in a financial year, more than “60” tax audit assignments under Section 44AB of the Income Tax Act, 1961. In the case of a CA firm, 60 shall be the ...

Soft earnings didn't appear to concern Hudson Technologies, Inc.'s ( NASDAQ:HDSN ) shareholders over the last week.

IndusInd Bank faces scrutiny as auditors demand clarity on its derivative accounting discrepancy, potentially classifying it as fraud. The issue, involving losses near ₹2,000 crore, stems from ...

Bank books record quarterly loss after flagging accounting lapses, microfinance misreporting, and suspected fraud; FY25 ...

Fortunately, established processes exist to help businesses and entrepreneurs accurately record and report financial activities ... by companies using accrual or cash accounting and double ...

IndusInd is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The ...

Shareholders appeared unconcerned with HireQuest, Inc.'s ( NASDAQ:HQI ) lackluster earnings report last week. We ...

IndusInd Bank is facing increased regulatory and audit scrutiny over a significant misstatement in its foreign exchange ...